Just the Facts A look into different household debts in the United States and how they grew so out of hand

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Just the Facts

How Did We Get So Much Debt?

YES&excl; infographic by Tracy Loeffelholz Dunn Research by Heidi Bruce
Image from Lightspring/Shutterstock

Household debt is now about $11.85 trillion, and it has more to do with stagnant wages than crazy spending. In past decades, the more the top 10 percent prospered, the more the bottom 90 percent borrowed.